Investor Presentaiton

d Living in the Czech Republic Foreign nationals coming to the Czech Republic are subject to the so-called Foreigners' Act, which establishes two categories of foreigners: citizens of the EU, the EEA and Switzerland and nationals of third countries. Residency and visas To stay in the Czech Republic for more than three months, citizens of non-EU countries re- quire a long-term visa or a long-term or perma- nent residence permit. Natural persons with permanent residence out side the Czech Republic or legal entities with a registered office outside the Czech Republic may run a business in the Czech Republic under the same conditions and under the same limita tions as a Czech person/entity. Cost of living in Prague¹ Average prices of goods and services are 36.4 (including rent) compared to the New York benchmark of 100. Wage levels are 20.3, com- pared to the New York's 100. 1 Goods and services comparison is based on the cost of a basket of 122 goods and services weighted according to European consumption habits. https://www.ubs.com/microsites/prices- earnings/edition-2015.html. Wage levels are calculated as effective hourly wages for 15 professions, weighted by distribution; net after tax and social security deductions. UBS, Prices and Earnings (Edition 2015); at: https://www.ubs.com/microsites/prices-earn- ings/edition-2015.html 20

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